vibram-february
vibram-february

Filter Your Content:

View All sports outdoor cycling running fitness
Feb 14, 07

Sports World to float

After months of speculation, Mike Ashley, the reclusive owner of the Sports World retail empire, has announced his plans to float the company on the London Stock Exchange.

Reports say he is planning to sell around 40 per cent of his stake in holding company Sports Direct International, while shares were priced yesterday at between 250p and 310p, giving the business a market value of between £1.8 billion and £2.23 billion.

Says Ashley: “We believe Sports Direct has the potential to become the leading, most profitable sports retailer in the world. Following a review of the options, we have decided that listing the business is an important step in achieving this aim.”

More Pictures

More pictures
brand1

Get all the latest trade news free straight to your inbox

Enter your email address:

Insight Update
No finishers at Barkley Marathons 2019

No finishers at Barkley Marathons 2019

Nicky Spinks has spoken of the extreme challenges faced by runners in this year's Barkley Marathons – a race which no-one finished for a second successive year.

read article
SOLUTIONS FOR SPORT

SOLUTIONS FOR SPORT

RADIO HOUSE, BAMPTON BUSINESS CENTRE SOUTH, Oxfordshire , OX18 2AN

view profile

Get your FREE digital subscription! Sports Insight is available on your mobile device

kindle-logo ios-logo google-logo

download
  

Works With: